Tamadoge (TAMA) Price Outlook for January 21: Buyers Defeat Downward Forces in the TAMAUSDT Market

Azeez Mustapha

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Price action in the Tamadoge market has been pressured towards lower levels for a while. While that was in play, buyers were trying to regain control of the market. However, as soon as price activity crossed below the $0.006820 threshold, buyers were able to regroup and retake the market, pushing prices back upwards as more moves seemed imminent in this market.

Key Tamadoge Statistics on January 21, 2024:
TAMA Price: $0.006811
Tamadoge Market Capitalization: $9,490,698
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge’s Rank on CoinMarketCap: 969

Key Price Levels:
Resistance: $0.006800, $0.006900, and $0.007000
Support: $0.006700, $0.006600, and $0.006500

Tamadoge (TAMA) Price Outlook for January 21: Buyers Defeat Downward Forces in the TAMAUSDT Market

TAMAUSDT Buyers Are Witnessing a Winning Streak

Bulls in the Tamadoge 4-hour market seem to have found a strong foothold along its previous downward path. Consequently, price action has been able to lift off from that found support. Price continues to increase, and as a result, price action has progressed past some notable marks on the indicator, which may have strong bullish implications.

With the aid of the last price candle on this chart, it could be seen that price movements have surpassed the third Guppy Multiple Moving Average (GMMA) curve. Likewise, following the bullish crossover on the Moving Average Convergence Divergence (MACD) indicator, the ensuing indicator lines seem steady, suggesting that bullish momentum is on a steady increase.

Tamadoge (TAMA) Price Outlook for January 21: Buyers Defeat Downward Forces in the TAMAUSDT Market

Tamadoge Bulls Seem Determined to Keep Mounting Upside Pressure

Even in the TAMAUSDT hourly market time frame, it could be seen that buyers are quick to react to any dipping effect in prices. This could be seen as a green pre-candle appearing immediately after the red one that appeared for the previous session. Furthermore, the two sets of GMMA indicator lines have started crossing each other below price candles.

Consequently, this suggests that the upside potential for the coming sessions will likely strengthen. Additionally, the MACD indicator lines continue to rise upward from below the equilibrium level. Altogether, technical indicators are suggesting that the market is primed to reach price levels around the $0.007100 mark. Launching shortly, Tamadoge Pursuit, our latest endless runner, awaits! Gather boosts to race through the city, weave through the park, and dash along the shoreline.

Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today

 

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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